After the whole Enron and AIG scandals, the legislators passed Sarbanes-Oxley act which holds the executives responsible for what's on their financial statements. They can't simply state that they didn't read what they got any more.
Should we apply the same rule to the government? Whoever is on office would ultimately be responsible for what they sign and approve. This way we can start to eliminate the corruption and fraud in government.
Should Sarbanes-Oxley apply to government as well?
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Should Sarbanes-Oxley apply to government as well?
by Stratego » Thu Sep 20, 2012 4:59 pm
Sigmund Freud defined four parts of a psyche; the id, the ego, the superego and the stratego. The Stratego being the highest form of morality and scientific thinking.
If guns are not outlawed, the in-laws will have guns.
If guns are not outlawed, the in-laws will have guns.
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Re: Should Sarbanes-Oxley apply to government as well?
by Winchester » Thu Sep 20, 2012 5:03 pm
We already have GASB and the GAO's Yellow Book, not sure SOX would really add much.
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Re: Should Sarbanes-Oxley apply to government as well?
by Spider » Thu Sep 20, 2012 5:03 pm
Sorta like making the engineer stand underneath the arch when they removed the falsework, like they did back in Roman days?
Its impractical to make a few hundred individuals personally responsible for deaths and finances on that scale. Would be a meaningless gesture.
If we want to clean up government, we need to end reelection.
Its impractical to make a few hundred individuals personally responsible for deaths and finances on that scale. Would be a meaningless gesture.
If we want to clean up government, we need to end reelection.
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Re: Should Sarbanes-Oxley apply to government as well?
by Stratego » Thu Sep 20, 2012 8:01 pm
Sigmund Freud defined four parts of a psyche; the id, the ego, the superego and the stratego. The Stratego being the highest form of morality and scientific thinking.
If guns are not outlawed, the in-laws will have guns.
If guns are not outlawed, the in-laws will have guns.
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Re: Should Sarbanes-Oxley apply to government as well?
by Winchester » Fri Sep 21, 2012 6:47 am
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Re: Should Sarbanes-Oxley apply to government as well?
by Professor » Fri Sep 21, 2012 9:03 am
I don't get the premise. How do you make a government official responsible for something they sign? Or, rather, aren't they accountable now?
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